Invesco S&P MidCap Quality ETF
$113.77−0.23 (−0.20%)
- Expense ratio
- 0.30%
- Fund size
- $5.4B
- 1Y return
- +8.5%
- Yield · Last 12 months
- 0.58%
- Holdings
- 81
- Volume · 30D
- 0.2M sh
- NAV per share
- $114.19
- 52W range
The ETF.net XMHQ Grade
Score 65 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 54Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 86Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 34Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 81Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 65Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 84Category rank
Our read on XMHQ
BQuality investing usually means mega-caps. XMHQ runs the same S&P profitability screen down in the MidCap 400, holding about 80 of the highest-scoring names and reshuffling twice a year.
The Fund tracks the S&P MidCap 400 Quality Index and invests at least 90% of its total assets in securities connected to that index.
Why people hold it
- The mid-cap specialist on a shelf of large-cap quality funds: the same S&P quality screen behind SPHQ, pointed at the MidCap 400 instead of the 500.spglobal.com
- Quality is defined, not vibes. Stocks are ranked on return on equity, accruals and financial leverage, the top 80 make the cut, and the list is refreshed each June and December.spglobal.comspglobal.cominvesco.com
- A multi-billion-dollar fund that tracks its index closely and pays distributions quarterly: the plumbing behind the strategy is boring in the good way.
- Trading in the fund is steady enough for routine retail-sized orders, and it sits in the upper half of the US quality-factor group on our review.
Worth knowing
- Costs 0.31% a year, a bit above the typical quality-factor fund and roughly double the cheapest large-cap options (JQUA at 0.12%, QUAL at 0.15%).
- Mid caps move harder than mega caps, and with about 80 names one stumble carries more weight than it would in a 500-stock index.spglobal.com
- The S&P quality index only took over in June 2019; the record before that came from a different, equal-weighted mid-cap strategy under the same ticker.invesco.com
XMHQ Holdings
- Stocks
- 81
- 33%
- ILMN
Sectors
- Industrials27.1%
- Technology19.6%
- Health Care16.4%
- Financials15.3%
- Consumer Discr.9.7%
- Energy7.6%
- Materials1.9%
- Communication1.3%
- Cons. Staples1.0%
Geography
- United States93.65%
- United Kingdom3.55%
- Bermuda1.83%
- Sweden0.96%
XMHQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
XMHQ$10,851
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | XMHQ |
|---|---|
| Year to date | +11.8% |
| 1 month | −4.3% |
| 3 months | +2.7% |
| 1 year | +8.5% |
| 3 years | +15.3% |
| 5 years | +10.3% |
| 10 years | +12.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | XMHQ |
|---|---|---|
| 2026 YTD | +11.8% | |
| 2025 | +4.7% | |
| 2024 | +16.8% | |
| 2023 | +29.5% | |
| 2022 | −12.4% | |
| 2021 | +21.0% | |
| 2020 | +26.6% |
XMHQ in the news
XMHQ Dividends
- 0.58%
- $0.66
- $0.15 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.15 |
| Jun 22, 2026 | Jun 26, 2026 | $0.16 |
| Mar 23, 2026 | Mar 27, 2026 | $0.15 |
| Dec 22, 2025 | Dec 26, 2025 | $0.19 |
| Sep 22, 2025 | Sep 26, 2025 | $0.15 |
| Jun 23, 2025 | Jun 27, 2025 | $0.13 |
| Mar 24, 2025 | Mar 28, 2025 | $0.19 |
| Dec 23, 2024 | Dec 27, 2024 | $0.19 |
| Sep 23, 2024 | Sep 27, 2024 | $0.15 |
| Jun 24, 2024 | Jun 28, 2024 | $4.58 |
| Mar 18, 2024 | Mar 22, 2024 | $0.20 |
| Dec 18, 2023 | Dec 22, 2023 | $0.16 |
XMHQ Risk
- 16.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.61
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.98
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XMHQ Cost
0.30%
XMHQ0.30%
- The middle half of US Quality Index funds
- Median 0.38%
12 of the 27 US Quality Index funds charge less.